Say, will we get any credit for "exporting" all the folks who don't belong here? 😅 I know it will cut some of our costs going forward, unless we furnish them with 1st class flights or cruises home.
Free trade is great in theory, but the second you place limits on labor or manufacturing, such as minimum wage, worker safety regs, worker benefits, anti-pollution measures... as soon as you make a limit that isn't also enforced by anybody you trade with, you give everybody who doesn't a price advantage and whee, offshoring. Tariffs seem like a very reasonable way to offset that. Sure, we could do with streamlining regulations to reduce the regulatory burden on domestic producers, but... I don't think we actually want to compete with China on our willingness to externalize costs by, say, dumping trash and chemical waste in the rivers or employing slave labor.
China will run out of clean water in the next decade as the lack of environmental controls and the toxins it flushes into its rivers saturate its wider environment.
Yeah. It's gonna be a bad thing for China. But in the meantime, not trying to balance that has destroyed domestic manufacturing in the US. We should've had tariffs all along. China destroying itself to sell cheap goods to the world... may just mean we all go down the drain together.
Say, will we get any credit for "exporting" all the folks who don't belong here? 😅 I know it will cut some of our costs going forward, unless we furnish them with 1st class flights or cruises home.
Free trade is great in theory, but the second you place limits on labor or manufacturing, such as minimum wage, worker safety regs, worker benefits, anti-pollution measures... as soon as you make a limit that isn't also enforced by anybody you trade with, you give everybody who doesn't a price advantage and whee, offshoring. Tariffs seem like a very reasonable way to offset that. Sure, we could do with streamlining regulations to reduce the regulatory burden on domestic producers, but... I don't think we actually want to compete with China on our willingness to externalize costs by, say, dumping trash and chemical waste in the rivers or employing slave labor.
China will run out of clean water in the next decade as the lack of environmental controls and the toxins it flushes into its rivers saturate its wider environment.
Yeah. It's gonna be a bad thing for China. But in the meantime, not trying to balance that has destroyed domestic manufacturing in the US. We should've had tariffs all along. China destroying itself to sell cheap goods to the world... may just mean we all go down the drain together.